Plan Ledger DOL Form 5500 · updated monthly

Western Michigan University Homer Stryker M.D. School of Medicinebenefits

Western Michigan University School of Medicine Erisa Healthcare Plan · KALAMAZOO, MI · plan year 2024

Broker compensation reported · 2024
$730,009

Western Michigan University Homer Stryker M.D. School of Medicine's benefits plans covered 663 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $6,755,274. Insurance brokers and agents were paid $730,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $1,101 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 195% from $247,300 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF MICHIGAN · health dental$6.8M · 1,126 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 663 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 134 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 154 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 167 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 658 covered
Brokers & agents paid · 20245
SUSAN L. CULHANE$599,290
THE NULTY AGENCY$55,495
THE NULTY AGENCY, INC.$45,541 · incl $5,893 fees
CENTRO BENEFITS RESEARCH LLC$24,636 · incl $24,636 fees
NULTY INSURANCE$5,047
Also brokered by Susan L. Culhane1

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 454135256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.